Rail News

Domestic intermodal container volume in the first quarter surged 14.9 percent year-over-year, outpacing international intermodal traffic gains by a wide margin and reconfirming strong U.S.

BNSF Railway boosted profit nearly 16 percent year-over-year to $701 million, as higher pricing and a 3 percent volume rise pushed revenue up 10.3 percent.

Shippers normally opt for the expense of air service only when they need to expedite high-value cargo such as computer chips and diamonds.

The push by U.S. ports for more federal dredging dollars is finally beginning to make waves in Congress.

Much of the reason the North American railroad industry continually leads other freight modes in profitability is its ability to match demand with capacity. This year looks to be no different.

U.S. intermodal rail shipments in the week ending April 28 jumped 5.5 percent year-over-year and 1.3 percent from the previous week, according to the Association of American Railroads.

A proxy advisory services firm castigated Canadian Pacific for “an enduring failure of board leadership” in its endorsement of the seven director nominees proposed by an activist investor.

Activist investor William Ackman said shareholders should determine Canadian Pacific Railway management amid reports that some railroad directors are floating a compromise.

Genesee & Wyoming’s profit was nearly flat at $22.2 mil

The value of surface-transportation trade between the U.S.

Russia’s leading intermodal operator saw international transit traffic handled increase by 17.8 percent last year as Asia-Europe overland transport options grew in popularity.

If there’s a lesson from U.S.

One could be forgiven for thinking the House’s most recent extension to the surface transportation bill was about the controversial Keystone XL pipeline, rather than highway spending.

Canadian Pacific Railway would face a labor disruption in late May if a union representing 5,000 workers exercises a strike mandate it received from members Thursday.

U.S. intermodal rail shipments in the week ending April 21 jumped 6 percent year-over-year and 2.2 percent from the previous week, according to the Association of American Railroads.

RailAmerica lost $40.2 million in the first quarter, as an $82.4 million charge related to the early retirement of debt offset a 15 percent year-over-year revenue increase.

Pacer International on Thursday reported a 3.5 percent decrease in revenue to $345.9 million in the first quarter

Trinity Industries, North America’s largest railcar manufacturer, in the first quarter shipped twice as many railcars as it did a year ago, but new orders fell year-over-year, suggesting the rai

The threat of a national railroad labor action further receded, after a union representing maintenance of way employees joined the 12 other railroad unions in accepting a contract with major U.S.

Norfolk Southern reported record profit for the first quarter, as the railroad’s pricing power on slim volume growth boosted earnings 26 percent year-over-year to $410 million.

Kansas City Southern boosted first-quarter profit 19.6 percent year-over-year to $74.9 million, as strong intermodal and automotive growth pushed the railroad to record revenue and volume.

RailAmerica tapped GaryLewis, an industry veteran of more than 20 years, as chief commercial officer and senior vice president of the 44-railroad holding company.

Canadian National Railway profit in the first quarter jumped 16 percent year-over-year to $781.3 million, as the largest Canadian railroad saw double-digit revenue growth in six of its seven business

The impact of declining coal business on East Coast railroads may have been greatly exaggerated, but the recent sharp fall-off in those volumes foreshadows a future in which CSX Transportation and Nor

Intermodal rail service from West Coast ports involves much more than placing a marine container on a train in Los Angeles or Seattle and lifting it off at an inland rail ramp.

Hub Group reported a 15 percent increase in intermodal freight volume in the first quarter, boosting its intermodal revenue 20 percent to $404 million.

Canadian Pacific Railway in the first quarter quadrupled its profit and improved its operating ratio, a key measure of profitability, as the railroad's management fends off a proxy fight from an activ

U.S. intermodal rail shipments in the week ending April 14 rose 1.6 percent year-over-year and 1.3 percent from the previous week, according to the Association of American Railroads.

Norfolk Southern Railway and Kansas City Southern Railway are expanding their intermodal rail service linking Mexico and the U.S.

Union Pacific saw first quarter revenue rise 14 percent year-over-year to $5.1 billion, as double-digit increases in four of its six business groups pushed the railroad to a record quarter.

CSX boosted first quarter revenue 6 percent year-over-year to nearly $3 billion despite volume rising only 1 percent, exemplifying the strong pricing power major railroads have amid moderate freight g

U.S. intermodal rail shipments in the week ending April 7 rose 1.1 percent year-over-year and fell. 4.7 percent from the previous week, according to the Association of American Railroads.

Rail Logistics-Cold Train and Interstate Distributor forged a partnership in which Cold Train will use a dedicated fleet of trucks from Interstate Distributor for short-haul drayage service to and fro

The curtain is nearly drawn on Congress passing a surface transportation bill this year, but a positive House performance could set the stage for a bolder plan in 2013.

Canadian Pacific Railway expects first fiscal quarter diluted earnings per share to be triple that of the same period a year ago, a result that would strengthen the railroad’s position amid a pr

Greenbrier rolled back into the black in its fiscal second quarter to a $17.7 million profit, as the rail supplier delivered 1,500 more railcars than it did a year ago.

U.S. intermodal rail shipments in the week ending March 31 rose 3.6 percent year-over-year and 4.5 percent from the previous week, according to the Association of American Railroads.

Union Pacific Railroad anticipates “slow but steady” growth in freight volume this year, driven by the industrial products sector and continued diversion of traffic from over-the-road truc

A surge of U.S.

CSX Transportation is hiring roughly 380 workers in Alabama, Maryland and Tennessee, the latest sign of the railroad industry’s strong financial health and graying work force.